Question: Required information Exercise 7-21 (Static) Transaction analysis-various accounts LO 4, 5, 8 [The following information applies to the questions displayed below.] Use the following transactions.

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Required information Exercise 7-21 (Static) Transaction analysis-various accounts LO 4, 5, 8 [The following information applies to the questions displayed below.] Use the following transactions. a. Wages of $465 for the last three days of the fiscal period have not been accrued. b. Interest of $340 on a bank loan has not been accrued. c. Interest on bonds payable has not been accrued for the current month. The company has outstanding $480,000 of 6.5% bonds. d. The discount related to the bonds in part c has not been amortized for the current month. The current month amortization is $150. e. Product warranties were honored during the month; parts inventory items valued at $1,660 were sent to customers making claims, and cash refunds of $820 were also made. f. During the fiscal period, advance payments from customers totaling $3,000 were received and recorded as sales revenues. The items will not be delivered to the customers until the next fiscal period. Record the appropriate adjustment. Journal entry worksheet Wages of $465 for the last three days of the fiscal period have not been accrued. Note: Enter debits before credits. Journal entry worksheet 6 Interest of $340 on a bank loan has not been accrued. Note: Enter debits before credits. Journal entry worksheet Interest on bonds payable has not been accrued for the current month. The company has outstanding $480,000 of 6.5% bonds. Note: Enter debits before credits
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